MTN Group 1Q Earnings Rose; Backs Fiscal Year View
11 Mayo 2023 - 2:43AM
Noticias Dow Jones
By Kyle Morris
MTN Group Ltd. said Thursday that earnings rose in the first
quarter despite difficult market conditions and that it backed its
expectations for the full year.
The South Africa-based telecommunications group said earnings
before interest, taxes, depreciation and amortization for the
quarter were 24.26 billion South African rand ($1.29 billion)
compared with ZAR22.35 billion a year before.
Group service revenue was ZAR52.83 billion compared with
ZAR45.70 billion.
Voice revenue grew 6.6%, data revenue was up 26.9%, total
subscribers increased by 5.2% to 290.6 million and active data
subscribers rose by 11.9% to 140.4 million.
The process to exit Afghanistan remains on track, it said.
Capex guidance was maintained for 2023 at ZAR37.4 billion.
Write to Kyle Morris at kyle.morris@dowjones.com
(END) Dow Jones Newswires
May 11, 2023 03:28 ET (07:28 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
MTN (PK) (USOTC:MTNOY)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
MTN (PK) (USOTC:MTNOY)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024
Real-Time news about MTN Group Ltd (PK) (OTCMarkets): 0 recent articles
Más de MTN Group Ltd (PK) Artículos de Noticias